HUDSON VALLEY COMMUNITY COLLEGE FOUNDATION INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
HUDSON VALLEY COMMUNITY COLLEGE FOUNDATION INC (EIN 22-2427015)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-05-13
IRS object ID
201911339349307131
Schema version
2017v2.3
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-05-13T16:44:23-05:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN141555429PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1UHY ADVISORS NY INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14 TOWER PLACE EXECUTIVE PARK 7THAddressLine1Txt
Address Line2FLOORAddressLine2Txt
CityALBANYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12203ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222427015EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HUDSON VALLEY COMMUNITY COLLEGEBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlHUDSBusinessNameControlTxt
Phone5186298012PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line180 VANDENBURGH AVENUEAddressLine1Txt
CityTROYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12180ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonREGINA SCARANO LAGATTAPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone5186298012PhoneNum
Signature2019-05-02SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAMES DANIELSPreparerPersonNm
PTINP00603621PTIN
Phone5184493166PhoneNum
Preparation2019-05-02PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address209.99.101.4IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-05-02IPDt
IP Tm16:08:06IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id93F9E8AA369166CBE647ECEF2B865D792BADA757AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerREGINA SCARANO LAGATTAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line180 VANDENBURGH AVENUEAddressLine1Txt
CityTROYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12180ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,551,372GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.HVCC.EDU/FOUNDATIONWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1982FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionSUPPORTING THE MISSION, THE STUDENTS, AND THE ALUMNI OF THE HUDSON VALLEY COMMUNITY COLLEGE.ActivityOrMissionDesc
Voting Members Governing Body26VotingMembersGoverningBodyCnt
Voting Members Independent26VotingMembersIndependentCnt
Total Employee6TotalEmployeeCnt
Total Volunteers26TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,434,444PYContributionsGrantsAmt
CY Contributions Grants$1,309,314CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$236,956PYInvestmentIncomeAmt
CY Investment Income$345,601CYInvestmentIncomeAmt
PY Other Revenue$24,291PYOtherRevenueAmt
CY Other Revenue$48,237CYOtherRevenueAmt
PY Total Revenue$1,695,691PYTotalRevenueAmt
CY Total Revenue$1,703,152CYTotalRevenueAmt
PY Grants And Similar Paid$368,549PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$386,096CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$386,458PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$448,149CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$204,640CYTotalFundraisingExpenseAmt
PY Other Expenses$671,887PYOtherExpensesAmt
CY Other Expenses$606,527CYOtherExpensesAmt
PY Total Expenses$1,426,894PYTotalExpensesAmt
CY Total Expenses$1,440,772CYTotalExpensesAmt
PY Revenues Less Expenses$268,797PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$262,380CYRevenuesLessExpensesAmt
Total Assets BOY$8,367,739TotalAssetsBOYAmt
Total Assets EOY$8,671,700TotalAssetsEOYAmt
Total Liabilities BOY$134,898TotalLiabilitiesBOYAmt
Total Liabilities EOY$71,350TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$8,232,841NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$8,600,350NetAssetsOrFundBalancesEOYAmt
MissionTO RECEIVE AND MAINTAIN FUNDS TO AID AND ADVANCE THE WELFARE, DEVELOPMENT, PURPOSES AND PROGRAMS OF HUDSON VALLEY COMMUNITY COLLEGE, ITS STUDENTS AND ALUMNI.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$948,455ExpenseAmt
Grant$386,096GrantAmt
DescSUPPORT FOR COLLEGE INITIATIVES, SCHOLARSHIPS, AND RELATED COSTS.Desc
Total Program Service Expenses$948,455TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee6EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members26GoverningBodyVotingMembersCnt
Independent Voting Member26IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1REGINA SCARANO LAGATTABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5186298012PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line180 VANDENBURGH AVEAddressLine1Txt
CityTROYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12180ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
RICHARD M AMADON JR
DIRECTOR0.50Yes (X)$0$0$0
DAN AUNKST
DIRECTOR0.50Yes (X)$0$0$0
JERILEE BEAUDOIN
DIRECTOR0.50Yes (X)$0$0$0
ANTHONY CARNEVALE
DIRECTOR0.50Yes (X)$0$0$0
DANIEL F CASALE
DIRECTOR0.50Yes (X)$0$0$0
APRIL CLAS
DIRECTOR0.50Yes (X)$0$0$0
EDWARD GLENNING
DIRECTOR0.50Yes (X)$0$0$0
KENNETH W GREY
DIRECTOR0.50Yes (X)$0$0$0
ANDREA HANLEY
DIRECTOR0.50Yes (X)$0$0$0
MICHELLE HOGAN
DIRECTOR0.50Yes (X)$0$0$0
CYNTHIA HOLLOWOOD
DIRECTOR0.50Yes (X)$0$0$0
STEVEN KASSELMAN
DIRECTOR0.50Yes (X)$0$0$0
CORY A MARTIN
DIRECTOR0.50Yes (X)$0$0$0
ANGELICA MORRIS
DIRECTOR0.50Yes (X)$0$0$0
ARTHUR PAKATAR
DIRECTOR0.50Yes (X)$0$0$0
JEN ROBBINS
DIRECTOR0.50Yes (X)$0$0$0
PETER D SEMENZA
DIRECTOR0.50Yes (X)$0$0$0
TODD SILAIKA
DIRECTOR0.50Yes (X)$0$0$0
VONNIE J VANNIER
DIRECTOR0.50Yes (X)$0$0$0
GORDON N ZUCKERMAN
DIRECTOR0.50Yes (X)$0$0$0
KYLE HUDSON
DIRECTOR, STUDENT0.50Yes (X)$0$0$0
FRANK C SARRATORI
BOARD CHAIRPERSON0.50Yes (X)$0$0$0Yes (X)
MARK MITCHELL
CO-VICE CHAIRPERSON0.50Yes (X)$0$0$0Yes (X)
LESLIE KING
CO-VICE CHAIRPERSON0.50Yes (X)$0$0$0Yes (X)
CHARLES CHAT ROBINSON
TREASURER0.50Yes (X)$0$0$0Yes (X)
KELLY KLOPFER
SECRETARY0.50Yes (X)$0$0$0Yes (X)
REGINA SCARANO LAGATTA
EXECUTIVE DIRECTOR35.00$108,113$0$10,230Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$108,113TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$10,230TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,309,314AllOtherContributionsAmt
Total Contributions$1,309,314TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$117,615TotalRevenueColumnAmt
Exclusion$117,615ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$958,433SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$730,447SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$227,986SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$227,986TotalRevenueColumnAmt
Exclusion$227,986ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$166,010FundraisingGrossIncomeAmt
Fundraising Direct Expenses$117,773FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$48,237TotalRevenueColumnAmt
Exclusion$48,237ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,703,152TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$393,838ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$386,096TotalAmt
Program Services$386,096ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$132,950TotalAmt
Management And General$62,976ManagementAndGeneralAmt
Fundraising$69,974FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$193,683TotalAmt
Program Services$65,548ProgramServicesAmt
Management And General$69,498ManagementAndGeneralAmt
Fundraising$58,637FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$91,105TotalAmt
Program Services$23,171ProgramServicesAmt
Management And General$35,569ManagementAndGeneralAmt
Fundraising$32,365FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$30,411TotalAmt
Program Services$6,325ProgramServicesAmt
Management And General$11,981ManagementAndGeneralAmt
Fundraising$12,105FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$18,103TotalAmt
Program Services$3,839ProgramServicesAmt
Management And General$7,272ManagementAndGeneralAmt
Fundraising$6,992FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$734TotalAmt
Management And General$315ManagementAndGeneralAmt
Fundraising$419FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SUPPORT FOR COLLEGE INI$459,669$459,669
ADMINISTRATIVE EXPENSES$123,912$3,807$95,957$24,148
MEMBERSHIPS$4,109$4,109

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,440,772TotalAmt
Program Services$948,455ProgramServicesAmt
Management And General$287,677ManagementAndGeneralAmt
Fundraising$204,640FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$850,419BOYAmt
EOY$1,488,636EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$734,424BOYAmt
EOY$159,331EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$7,120BOYAmt
EOY$5,500EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$6,501,730BOYAmt
EOY$6,768,579EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$274,046BOYAmt
EOY$249,654EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$8,367,739BOYAmt
EOY$8,671,700EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$78,798BOYAmt
EOY$26,050EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$56,100BOYAmt
EOY$45,300EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$134,898BOYAmt
EOY$71,350EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$393,509BOYAmt
EOY$481,429EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,896,618BOYAmt
EOY$4,103,637EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,942,714BOYAmt
EOY$4,015,284EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,232,841BOYAmt
EOY$8,600,350EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,367,739BOYAmt
EOY$8,671,700EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$262,380ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$105,129NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$932,116CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,688,237CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,248,942CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,434,444CurrentTaxYearMinus1YearAmt
Current Tax Year$1,309,314CurrentTaxYearAmt
Total$7,613,053TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$932,116CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,688,237CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,248,942CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,434,444CurrentTaxYearMinus1YearAmt
Current Tax Year$1,309,314CurrentTaxYearAmt
Total$7,613,053TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$965,782SubstantialContributorsTotAmt
Public Support Total170$6,647,271PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$79,815CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$103,958CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$113,782CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$111,862CurrentTaxYearMinus1YearAmt
Current Tax Year$117,615CurrentTaxYearAmt
Total$527,032TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$8,680CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$34,170CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$24,291CurrentTaxYearMinus1YearAmt
Current Tax Year$48,237CurrentTaxYearAmt
Total$115,378TotalAmt
FieldValueIRS element (for citing)
Total Support$8,255,463TotalSupportAmt
Public Support CY1700.80520PublicSupportCY170Pct
Public Support PY1700.86570PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II - SUPPORT SCHEDULEFormAndLineReferenceDesc
ExplanationFOUNDATION'S PART II, COLUMN A FIGURES ARE FOR THE SHORT PERIOD SEPTEMBER 1, 2013 TO JUNE 30, 2014, DUE TO CHANGE IN THE FOUNDATION'S ACCOUNTING PERIOD FROM YEARS ENDING AUGUST 31 TO YEARS ENDING JUNE 30.ExplanationTxt

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,881,737BeginningYearBalanceAmt
Contributions$110,444ContributionsAmt
Investment Earnings Or Losses$394,576InvestmentEarningsOrLossesAmt
Other Expenditures$208,610OtherExpendituresAmt
End Year Balance$5,178,147EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,468,882BeginningYearBalanceAmt
Contributions$90,913ContributionsAmt
Investment Earnings Or Losses$519,010InvestmentEarningsOrLossesAmt
Other Expenditures$197,068OtherExpendituresAmt
End Year Balance$4,881,737EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,484,177BeginningYearBalanceAmt
Contributions$120,317ContributionsAmt
Investment Earnings Or Losses$37,985InvestmentEarningsOrLossesAmt
Other Expenditures$173,597OtherExpendituresAmt
End Year Balance$4,468,882EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,400,711BeginningYearBalanceAmt
Contributions$90,396ContributionsAmt
Investment Earnings Or Losses$156,660InvestmentEarningsOrLossesAmt
Other Expenditures$163,590OtherExpendituresAmt
End Year Balance$4,484,177EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,745,380BeginningYearBalanceAmt
Contributions$90,966ContributionsAmt
Investment Earnings Or Losses$607,319InvestmentEarningsOrLossesAmt
Other Expenditures$42,954OtherExpendituresAmt
End Year Balance$4,400,711EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.73250PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.26750TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,926,054TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$105,129NetUnrealizedGainsInvstAmt
Other Revenue$117,773OtherRevenueAmt
Revenue Not Reported$222,902RevenueNotReportedAmt
Revenue Subtotal$1,703,152RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,703,152TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,558,545TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$117,773OtherExpensesIncludedAmt
Expenses Not Reported$117,773ExpensesNotReportedAmt
Expenses Subtotal$1,440,772ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,440,772TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:INTENDED USES OF THE FOUNDATION'S ENDOWMENT FUNDS: SUPPORT FOR THE MISSION AND ACTIVITIES OF THE HUDSON VALLEY COMMUNITY COLLEGE, ITS STUDENTS AND FACULTY.
PART X, LINE 2:FIN 48 (ASC 740) FINANCIAL STATEMENTS FOOTNOTE PERTAINING TO LIABILITY FOR UNCERTAIN TAX POSITIONS: THE FOUNDATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS HOWEVER REQUIRED TO FILE AN INFORMATIONAL RETURN (FEDERAL FORM 990). THE FOUNDATION BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES 117,773.
PART XII, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES 117,773.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF CLASSICEvent1Nm
Gross Receipts Event1$72,100GrossReceiptsEvent1Amt
Gross Revenue Event1$72,100GrossRevenueEvent1Amt
Non Cash Prizes Event1$2,964NonCashPrizesEvent1Amt
Food And Beverage Event1$20,860FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$30,279OtherDirectExpensesEvent1Amt
Event2GALAEvent2Nm
Gross Receipts Event2$93,910GrossReceiptsEvent2Amt
Gross Revenue Event2$93,910GrossRevenueEvent2Amt
Non Cash Prizes Event2$562NonCashPrizesEvent2Amt
Food And Beverage Event2$31,625FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$31,483OtherDirectExpensesEvent2Amt
Gross Receipts Total$166,010GrossReceiptsTotalAmt
Gross Revenue Total Events$166,010GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$3,526NonCashPrizesTotalEventsAmt
Food And Beverage Total Events$52,485FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$61,762OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$117,773DirectExpenseSummaryEventsAmt
Net Income Summary$48,237NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient188RecipientCnt
Cash Grant$386,096CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationPROCEDURE FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES: USE OF GRANT FUNDS IS MONITORED BY THE ADMINISTRATION OF HUDSON VALLEY COMMUNITY COLLEGE FOR COMPLIANCE WITH GRANT TERMS AND APPLICABLE FEDERAL REGULATIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6MEMBERS OR STOCKHOLDERS: THE HUDSON VALLEY COMMUNITY COLLEGE IS THE SOLE MEMBER OF THE FOUNDATION.
FORM 990, PART VI, SECTION A, LINE 7APOWER TO ELECT OR APPOINT MEMBERS OF THE GOVERNING BODY: THE HUDSON VALLLEY COMMUNITY COLLEGE, AS SOLE MEMBER, HAS THE POWER TO APPOINT OR REMOVE ALL DIRECTORS OF THE FOUNDATION.
FORM 990, PART VI, SECTION A, LINE 7BGOVERNANCE DECISION RESERVED TO OR SUBJECT TO APPROVAL OF MEMBER: THE HUDSON VALLEY COMMUNITY COLLEGE, AS SOLE MEMBER, HAS OVERRIDING POWERS ENCOMPASSING ALL ASPECTS OF THE FOUNDATION'S GOVERNANCE AND OPERATIONS.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 REVIEW PROCEDURE: THE AUDIT COMMITTEE OF THE FOUNDATION'S BOARD OF DIRECTORS REVIEWS THE DOCUMENT AND MAKES RECOMMENDATIONS TO THE BOARD OF DIRECTORS TO APPROVE THE DOCUMENT PRIOR TO FILING. THE FINAL FORM 990 IS REVIEWED AND APPROVED BY THE HUDSON VALLEY COMMUNITY COLLEGE BOARD OF TRUSTEES PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST POLICY PROCEDURES: ACKNOWLEDGMENT OF ACCEPTANCE OF CONFLICT OF INTEREST POLICY AND CONTINUING COMPLIANCE THEREWITH IS REQUIRED OF DIRECTORS AND OFFICERS UPON APPOINTMENT AND AT LEAST ANNUALLY THEREAFTER. INDIVIDUALS SUBJECT TO ANY CONFLICT OR POSSIBLE PERCEPTION OF CONFLICT ARE REQUIRED TO DECLARE THE SAME AND TO RECUSE THEMSELVES FROM THE DELIBERATIVE AND DECISION-MAKING PROCESSES ON MATTERS SUBJECT TO SUCH CONSIDERATIONS.
FORM 990, PART VI, SECTION C, LINE 19AVAILABILITY TO THE PUBLIC OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS: THESE ARE AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1HUDSON VALLEY COMMUNITY COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line180 VANDENBURGH AVENUEAddressLine1Txt
CityTROYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12180ZIPCd
FieldValueIRS element (for citing)
EIN146009464EIN
Primary ActivitiesHIGHER EDUCATIONPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Controlled Organization0ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CHARITABLE REMAINDER TRUSTS (2)BusinessNameLine1Txt
FieldValueIRS element (for citing)
Primary ActivitiesINVESTMENTPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Direct Controlling NAN/ADirectControllingNACd
Entity TypeTEntityTypeTxt
Ownership1.00000OwnershipPct
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1HUDSON VALLEY COMMUNITY COLLEGEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeETransactionTypeTxt
Involved$20,000InvolvedAmt
Method Of Amount DeterminationGREENHOUSE CONTRIBUTION OWEDMethodOfAmountDeterminationTxt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.